Taxable Yield: Income is subject to income tax (e.g., interest on FD, corporate bonds). Tax-Free Yield: Income is exempt (e.g., interest on Tax-Free Bonds issued by PFC, REC, NHAI etc.).…

YTC applies to bonds with a call option—meaning the issuer can redeem them before maturity.It estimates the return if the bond is called (repaid early) rather than held to maturity.…

Accrued interest is the interest earned on a bond or debenture between coupon payment dates. When a bond is sold before its interest date, the buyer pays the seller the…